Single Family Homes
In 2008, for the first 7 months, 419 homes were listed on St Croix, compared to 462 this year, an increase of 10%. Sales have decreased from 80 to 46 this year, down 42%. Average sales price has decreased from $491,320 to $439,815, down 10%. Days to close/days on market (continues…)
Homesite with Sweeping North Shore Panorama… This is a gorgeous 0.9 acre lot with wonderful views of the north shore. It is priced well below other lots in the subdivision and is superior to them in terms of buildability and view. You can access this lot from the upper or lower road and the size (continues…)
Single Family Residential
For the month of June, 3 homes sold compared to 11 last year, a decrease of 72%. The average sales price was $325,833 versus $523,273 in 2008, a decrease of 37%. Median sale price declined to $295,000 from $345,000 a year ago, down 14%. Average days on market was 217, (continues…)
This month we review sales by price ranges on the island.
12 Single Family homes sold in May:
1 with 2 bedrooms or less - $60,000-$69,999
9 with 3 bedrooms – 1 at $90,000-$99,000; 1 at $120,000-$139,999; 1 at $160,000-$179,999; 1 at $180,000-$199,999;1 at $200,000-$249,999; 1 at $250,000-$299,999; 1 at $300,000-$399,999; and 2 over $500,000. 2 with 4 (continues…)
Market Analysis of St Croix Sales Jan 1 – April 30, 2009 vs Same Period in 2008
This year so far, 26 single family homes have sold vs. 41 last year in the first 4 months, a decline of 36%. Average price this year has been $514,000 vs. last year $488,173. Days on Market (continues…)
Single Family Residential
Sales: 4 homes sold on St Croix in March, with an average sales price of $261,750, and average days on market 234. This compares to 12 sales in March, 2008, with an average sales price of $435,416 and days on market 155.
Condominiums
Sales: 4 condos sold in March, (continues…)
You can see all the way from Sandy Point to Prosperity from this lovely hilltop lot! Seller would consider some owner financing with 50% down, financing at 10% for 5 years - no pre-payment penalty. There is an active Homeowners Association, power and telephone nearby. A cistern and septic would be required.
Directions: From Frederiksted, (continues…)
Single Family Residential
Since the first of the year, there have been 328 single family residential homes on the market on St. Croix, 22 under contract, and 11 sales during the first two months of the year. Average sales price was $713,364, and average % of list price 87%.
Compared to the first two months of (continues…)
Single Family Residential
As of the first of February, there were 270 single family residential homes on the market on St. Croix; 9 were under contract, and 4 sold during the month. The Average Sales Price was $451,500, average days on market 248, and average % of list price 92.9%.
Condominiums
As of the first of February, (continues…)
Below is 2007 versus 2008 sales data for the St. Croix, USVI real estate market. Data provided courtesy of REALTOR® Kim Lucas of Coldwell Banker VI.
Residential:
Single Family Residential Sales decreased 34% in 2008 from 2007. The number of sales went from 178 in 2007 to 117 this last year. However, average sale price increased (continues…)
